Midwest Capital Advisors LLC Has $22.97 Million Stock Holdings in Schwab U.S. Large-Cap Growth ETF $SCHG

Midwest Capital Advisors LLC reduced its stake in shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 26.8% in the second quarter, according to its most recent filing with the SEC. The institutional investor owned 786,188 shares of the company’s stock after selling 287,242 shares during the period. Schwab U.S. Large-Cap Growth ETF comprises approximately 12.1% of Midwest Capital Advisors LLC’s portfolio, making the stock its 2nd biggest position. Midwest Capital Advisors LLC owned about 0.05% of Schwab U.S. Large-Cap Growth ETF worth $22,965,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the business. Ehrlich Financial Group grew its holdings in shares of Schwab U.S. Large-Cap Growth ETF by 2.3% in the second quarter. Ehrlich Financial Group now owns 16,268 shares of the company’s stock valued at $475,000 after acquiring an additional 367 shares in the last quarter. BIP Wealth LLC grew its holdings in shares of Schwab U.S. Large-Cap Growth ETF by 1.9% in the first quarter. BIP Wealth LLC now owns 20,944 shares of the company’s stock valued at $524,000 after acquiring an additional 383 shares in the last quarter. Wedmont Private Capital grew its holdings in Schwab U.S. Large-Cap Growth ETF by 0.6% during the second quarter. Wedmont Private Capital now owns 66,773 shares of the company’s stock valued at $1,966,000 after purchasing an additional 387 shares during the period. Earned Wealth Advisors LLC grew its holdings in Schwab U.S. Large-Cap Growth ETF by 3.7% during the first quarter. Earned Wealth Advisors LLC now owns 10,943 shares of the company’s stock valued at $274,000 after purchasing an additional 391 shares during the period. Finally, Van Hulzen Asset Management LLC grew its holdings in Schwab U.S. Large-Cap Growth ETF by 2.7% during the first quarter. Van Hulzen Asset Management LLC now owns 15,419 shares of the company’s stock valued at $386,000 after purchasing an additional 403 shares during the period.

Schwab U.S. Large-Cap Growth ETF Trading Down 3.4%

Shares of NYSEARCA SCHG opened at $31.41 on Friday. The stock has a fifty day simple moving average of $31.12 and a two-hundred day simple moving average of $28.53. Schwab U.S. Large-Cap Growth ETF has a 1-year low of $21.37 and a 1-year high of $32.63. The firm has a market cap of $50.12 billion, a price-to-earnings ratio of 34.24 and a beta of 1.10.

Schwab U.S. Large-Cap Growth ETF Profile

Schwab U.S. Large-Cap Growth ETF (the Fund) goal is to track the total return of the Dow Jones U.S. Large-Cap Growth Total Stock Market Index (the Index). The Fund’s index includes the large-cap growth portion of the Dow Jones U.S. Total Stock Market Index available to investors in the marketplace. The Dow Jones U.S.